globalisation Flashcards

1
Q

aims of WTO (world trade organisation)

A
  • reduce barriers
  • promote free trade between countries
    ensuring that trading nations keep to the agreed international trade rules through sanctions
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2
Q

aims of IMF (international monetary fund)

A

allow the currency to be exchanged freely and easily between 190 global member countries

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3
Q

aims of The World Bank

A
  • provides finance, advice & research to developing nations to aid economic advancement;
  • funds projects for developing countries
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4
Q

TNC’d to aid development

A

the process of moving manufacturing around the globe that has resulted in the development of emerging countries such as China, India and Brazil

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5
Q

well known NGO’s

A
  • Red Cross
  • the Salvation Army
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6
Q

how does the UN have an impact on the effects of globalisation

A
  • Maintaining international peace and security;
  • Protecting human rights;
  • Delivering humanitarian aid;
  • Promoting sustainable development;
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7
Q

features of NGO’s

A
  • Non-Profit: profit should be used for expanding NGO activities further.
  • Values: social, cultural, economic or political; should work towards public good
  • Voluntary: formed by a group of like-minded volunteers who have come together to address a common issue
  • Legally registered: only legally registered NGOs can access formal donations.
  • Non-criminal: do not indulge in anti-social and criminal activities.
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8
Q

example of ethnic cleansing

A

1920: Turkey expelled its Greek minority and Greece expelled its Turkish minority following the Greco-Turkish War.

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9
Q

push factors

A
  • unemployment
  • civil war
  • crime
  • poverty
  • ill health
  • harsh climate
  • retirement
  • drought
  • famine
  • ethnic cleansing
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10
Q

pull factors

A
  • freedom of speech
  • cheap land
  • family ties
  • no hazards
  • employment
  • marriage
  • personal safety
  • education
  • higher wages
  • health services
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11
Q

Temporary economic migrants

A

people that migrate purely for monetary purposes where they stay for a few years or less and then move on - short stay workers

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12
Q

why do retired people migrate?

A
  • don’t need to live close to work
  • Warmer climates - e.g. Las Vegas -dry, warm climate
  • Downsize into a smaller/cheaper home to save costs
  • quieter/calmer/more attractive environment
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13
Q

why might people migrate voluntarily?

A
  • work/ promotion/ higher wages
  • rural to urban areas
  • urban to rural
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14
Q

Medical migration

A

doctors/ surgeons migrate where skills are in demand/ patients migrate for health reasons

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15
Q

Circular Migration

A

no intention of a permanent move e.g. :

  • Seasonal workers - return home after a short contract
  • Students at uni - return at the end of the term to their normal place of residence
  • Medical treatment - people to move to countries temporarily
  • Tourism - encourages circular movement with longer stays
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16
Q

who are the people responsible for forced migration?

A

The UN High Commission for Refugees (UNHCR)

17
Q

modern transport and communications has made trading and interaction almost instantaneous

A

time-space compression

18
Q

trade

A

import and export of raw materials, food goods and services through the reduction of trade barriers

19
Q

Economies of Scale

A

the cost per item reduces when operated on a large scale

20
Q

benefits of globalisation at a local level

A
  • Greater choice of goods
  • Integration of cultures - multi-culture
  • Spread of technology and innovation
21
Q

cost of globalisation at a local level

A
  • Small local businesses cannot compete with global companies
  • Labour drain - skilled workers migrate elsewhere leaving unskilled or no workers behind
  • Worker exploitation/cheap labour
  • Closure of TNC leaves high unemployment rates
  • Cultural dilution/loss of cultural identity
  • Environmental cost of increased production, trade and growth
  • Daily living costs increased
22
Q

benefits of globalisation on a national level

A
  • economic growth from tourism
  • improved health care, infrastructure, social care and education
  • TNC offer apprenticeships and incentives for progression
23
Q

costs of globalisation on a national level

A
  • TNCs control a large labour force and can ‘black list’ workers, effectively preventing people from working elsewhere
  • Industrial growth impacts the environment
  • Growth of urban slums
24
Q

benefits of globalisation on an international level

A
  • Skilled workers are in demand and can move relatively easily between countries
  • Access to wide levels of skills and research
25
Q

costs of globalisation on an international level

A
  • loss of biodiversity increases;
  • The impact is greater on developing countries, particularly remote rural areas, increasing the development gap
  • movement of skilled workers and researchers - imbalance in developing and emerging countries reducing the potential for further development
    unless they pay higher wages, leading to higher global costs
26
Q

multiplier effect

A

business is set up in an area - creates jobs - they have more money to spend on other local businesses - employ more people - government has more money from taxes that they can spend on infastructure that will attract more businesses.